According to data from the New York Federal Reserve in the USA, the secured overnight financing rate (SOFR) on the last trading day (January 3rd) was reported at 4.31%, down from 4.40% the day before. The effective federal funds rate on the last trading day was reported at 4.33%, unchanged from the previous day.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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